Pagar Besi

Terengganu, Kuala Nerus, Batu Rakit

Property Transactions

1 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM450,000
Off Jalan Batu Rakit-Merang
4,693 sqft RM96 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM450,000

RM96 psf

Median transaction price

Pagar Besi in Kuala Nerus, Terengganu recorded 1 subsale transactions between 2021 and 2026, sized between 4,675 and 4,724 sqft, with a median price of RM450K and a median price per square foot (PSF) of RM96.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM96, with most transactions between RM96 and RM96. The usual range is RM73.77 to RM118.02, showing that most units are priced quite close to each other. A typical spread (IQR) of RM44.25 and an average deviation (MAD) of RM0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.